Astragalus Injection Market Revenue was valued at USD 120 Million in 2024 and is estimated to reach USD 250 Million by 2033, growing at a CAGR of 9.1% from 2026 to 2033.
The global Astragalus Injection Market has been experiencing significant growth, driven by increasing consumer awareness of natural health remedies and the expanding application of traditional Chinese medicine in modern healthcare. While specific market size data for Astragalus injections in 2022 is limited, related markets provide insight into the overall trend. For instance, the Astragalus Root Extract Market was valued at approximately USD 342.1 million in 2022, reflecting a compound annual growth rate (CAGR) of 4.4% from 2018. This growth trajectory suggests a rising demand for Astragalus based products, including injections. Regionally, the Asia Pacific area is anticipated to witness the fastest CAGR during the forecast period, attributed to increasing awareness of the health benefits of Astragalus injections and rising disposable incomes. In North America, the Astragalus Root Extract Market held a 42% share in 2023, valued at USD 222.6 million, indicating substantial consumer interest in herbal supplements. These regional dynamics present significant opportunities for market expansion, particularly in developing economies where traditional herbal remedies are gaining popularity alongside conventional medical treatments.
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HeiLongJiang ZBD Pharmaceutical Co.
Ltd.
China Shineway Pharmaceutical Group Limited
Shanghai Pharmaceuticals Holding Co.
Ltd.
Shanghai Fuda Pharmaceutical Co.
Ltd.
Dali Pharmaceutical Co.
Ltd.
Beijing Langzhi Enterprise Management Co.
Ltd.
Jiangsu Jiuxu Pharmaceutical Co.
Ltd.
Harbin Shengtai Biopharmaceutical Co.
Ltd.
China Resources Double-Crane Pharmaceutical Co.
Ltd.
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Astragalus Injection Market
Standardized Astragalus Extracts
Organic Astragalus Formulations
Synthetic Astragalus Variants
Hospitals
Clinical Research Facilities
Home Healthcare Providers
Wellness Centers
Direct Sales
Online Pharmacies
Retail Pharmacies
Wholesalers
Immunity Enhancement
Anti-inflammatory Purposes
Antioxidant Therapy
Chronic Disease Management
Aged Population
Adults with Chronic Conditions
Health-Conscious Individuals
Patients Seeking Alternative Therapies
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Astragalus Injection Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Astragalus Injection Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Astragalus Injection Market, By Type
6. Global Astragalus Injection Market, By Application
7. Global Astragalus Injection Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Astragalus Injection Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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